To answer your question as to there being a chance VELT can get back to $2? I doubt it will bounce back to $2, but you never know, stranger things have happened.
My guess is VELT will probably open around $1.76 followed by a drop down to $1.65 with a closing price of $1.62.
If you are interested in reading what I have to say pertaining to VELT, click on my screen name and read my posts. Most of my comments lately have been on VELT. I've been pretty much spot on so far with my previous predictions. I believe I am the only person on this board who called the recent bottom of $1.53.
BTW, was that you who bought 6000 shares of VELT in the A/H's this evening at $2.08?
Good luck tomorrow gf_23.
Unfortunately the conference call was worse then the ernings. They guided much lower for the full year which means analyst are going to crush this stock with massive downgrades over the next three days. I recommend selling at open immediatly and buy back @ 1.63-1.65 on Wednesday when the dust settles and make your money back by Friday other wise you will risk another 20 decline